Airline stocks dropped sharply on Tuesday following news that Trump is ending stimulus talks until after the election.- Airlines were expected to be large beneficiaries of the next stimulus package. Speaker Pelosi urged airline executives on Friday to delay firings, saying relief was imminent.
- American Airlines>$4 dropped as much as 5% lower, United Airlines>$4 and Delta>$4 both fell 3.4%, and Southwest>$4 declined 2.4% during Tuesday trading.
Airline stocks dropped sharply on Tuesday after President Trump $4 he's ending stimulus negotiations until after the election.
Airlines were expected to be a large beneficiary of the next stimulus package. Last Friday, House Speaker Nancy Pelosi $4, telling them that relief for airline workers was imminent.
$4 dropped as much as 5%, $4 and $4 both fell 3.4%, and $4 slid 2.4% during Tuesday trading. The $4 declined 1.5%.
Read more:$4